Annandale Capital CEO George Seay joins Yahoo Finance’s Zack Guzman to break down the latest market action, as stocks rise on hopes of second stimulus package deal.
While Amazon gradually builds out its own-branded line of products, third-party sellers continue to account for a significant part of the transaction volume and growth on its marketplace -- by one estimate, accounting for $200 billion of the $335 billion in gross merchandise value sold on Amazon in 2019. Today, in a twist on the economies of scale that has propelled much of Amazon's growth, a Boston startup that has built a tech platform that it uses both to buy up and then run D2C brands sold on Amazon is announcing a major round of growth funding to expand its business. Perch, which acquires D2C businesses and products that are already selling on Amazon, and then continues to operate and grow those operations, has raised $123.5 million in funding.
Electing affordable housing, student housing "black swan," Amazon and CRE, housing starts, and an mREIT to consider. This piece on GlobeSt.com looks at policy statements and practices and concludes that while either Trump or Biden could choose to make housing affordability a priority in their administration -- and either could make a big impact -- each candidate would certainly use different methods. Why it matters: The multiple ways affordable housing can attract, reward, or tax private investment could see some real change, whether the incumbent or challenger wins the White House.